CEE MARKETS-Zloty, forint firm, Hungarian stock market hits record highs
Hungary's forint and Polish zloty both strengthen against the euro as the dollar weakens and global risk appetite improves.
Topics
Posted 8/22/2023, 9:20:00 AM
nasdaq.com
Relevant topic timeline:
The Hungarian forint weakened against the euro due to technical factors, while the Czech crown continued to strengthen after the surprise rate cut by Poland, with the Czech central bank likely to wait until next year before cutting rates further. The Polish zloty remained steady against the euro, but weak economic data could result in more rate cuts.